Boku (LON:BOKU) Hits New 1-Year High - Here's What Happened

Key Points

• Boku, Inc. shares reached a new 52-week high of GBX 250 ($3.36), marking a significant increase from its previous close of GBX 242 ($3.25).
• Analysts have given Boku a consensus "Buy" rating, with target prices ranging from GBX 271 to GBX 308.
• The company operates as a global network providing localized payment solutions, linking over 7 billion consumer payment accounts worldwide.

Boku, Inc. (LON:BOKU - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 250 ($3.36) and last traded at GBX 250 ($3.36), with a volume of 211164 shares changing hands. The stock had previously closed at GBX 242 ($3.25).

Analysts Set New Price Targets

A number of analysts recently commented on the company. Peel Hunt reaffirmed a "buy" rating and set a GBX 308 price target on shares of Boku in a research report on Tuesday, September 30th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 300 price target on shares of Boku in a research report on Tuesday, September 30th. Finally, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 271 target price on shares of Boku in a research report on Tuesday, September 30th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of GBX 293.

Boku Stock Up 3.3%

The company has a quick ratio of 1.38, a current ratio of 1.27 and a debt-to-equity ratio of 2.29. The stock has a 50-day simple moving average of GBX 225.97 and a 200-day simple moving average of GBX 200.01. The firm has a market capitalization of £741.82 million, a PE ratio of 50.00 and a beta of -0.11.

Boku Company Profile

Boku Inc AIM: BOKU is a global network of localised payment solutions. Through a single integration, Boku provides access to a comprehensive network of digital wallets, direct carrier billing, and account-to-account (A2A) real-time payment schemes - reaching over 7 billion consumer payment accounts worldwide.

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